Here are some very important FinTech FCA compliance rules that you need to know.
- Due diligence, money laundering, and terrorist funding activities are detected and measures are taken to stop the same
- Data protection is given primary importance and they maintain total privacy in cases involving the use of consumer data by the Fintech firms
- Payments are made secured and private
- Asset and wealth management
- Peer to peer relations
These are the five rules that Fintech always follows to be in the top of the leaderboard.
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